chapter 12 vocabulary
Across
- 4. shortage of money
- 8. stating that the government has borrowed a certain amount of money from someone
- 9. raising money by government for licenses
- 11. an excess of money
- 12. a tax that take a higher percentage from rich people and lower percentage from poor people
- 15. this interest plus total amount of money the U.S.government has borrowed
Down
- 1. money charged for breaking the law
- 2. a custom duty
- 3. its revenue equals its expenses
- 5. the payment made for the use of borrowed money
- 6. tax on the value of property owned by a person or a business
- 7. this tax is collected from items that are sold
- 10. the income a company makes after expensive have been paid
- 13. the tax on earrings
- 14. a careful examination by trained accounts of every item of income and every expenditure.